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A deeply personal story

This is the true story of a young IESE Business School grad who joined the burgeoning microfinance industry in the early 2000s with the intention of doing good in the world. Over the course of the following decade, he would discover vast global networks of corruption, cover-ups, and countless betrayals of the poor in what had grown into a $70 billion sector. His attempts at exposing wrongdoing would result in death threats, aggressive and personal retaliations, and legal action -- after all, the first rule of microfinance is don’t criticize microfinance. These are his true confessions.



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Cynthia Shannon

Publicity Manager, Berrett- Koheler Publishers

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415-743-6469

Last Tweets

MFheretic

"the credible #microfinance firms are experiencing high withdrawal rate as clients take precautionary measures to protect their savings."

MFheretic

"Unfortunately, depositors with these [#microfinance] financial institutions have no safety nets when such businesses collapse."

MFheretic

http://t.co/UNdztxGZmx Sobering article from Ghana: "Greed, irresponsible & reckless operations as well as poor management of depositors'...